CBI chief: Spectre of inflation is ‘very real’ and larger than we thought November 22, 2021 The chief of the influential business group the Confederation of British Industry (CBI) has warned that inflation is “very real” and is threatening to squeeze British firms. Speaking at the CBI’s annual conference, the group’s director general Tony Danker warned that pay hikes will “spill over” into prices, intensifying the cost of living crisis pinching [...]
Market indecisive as Bitcoin continues to hold below $60k November 22, 2021 Bitcoin fell to its lowest price in a month on Friday, with the leading cryptocurrency dropping below $56k before bouncing back to close the week at $58,730.
India’s Reliance hits pause on $15bn Aramco deal, pushing shares down November 22, 2021 India’s largest firm, Reliance Industries, has hit pause on selling a stake of its oils business to Saudi Arabia’s industry titan Aramco – pushing shares down. Reliance had started to process to sell off the 20 per cent stake around two years ago, in a bid to slash mounting debt, for some $15bn. However, over [...]
Half of Brits are ready for overseas getaways, research shows November 22, 2021 More than half of British adults are planning an overseas holiday in the 12 coming months. Data from travel insurance company Allclear has revealed that 57 per cent of British people actively want to go back to travelling, a 46 per cent increase compared with last year. People aged over 55 will drive demand during [...]
Letters: Warning, risk of electric shock November 22, 2021 [Re: It’s about time for Rishi Sunak to make his mind up on on a road tax, Nov 19] In the same way that government’s previously promoted diesel power as the solution to saving energy and the planet, electric vehicles are a similar red-herring. Batteries are not going to save us, as the practicalities of [...]
Boris Johnson ‘prophesises’ mass return of office working at CBI conference November 22, 2021 Boris Johnson has “prophesised” a mass return of workers to city centres and office blocks, saying that there are “sound evolutionary reasons why mother nature does not like working from home”. Johnson said – in a bizarre speech that referenced Pippa Pig World and saw the Prime Minister lose his place for 20 seconds – [...]
WhatsApp forced to revise privacy policy for Europe after record £190m fine November 22, 2021 Whatsapp will change its privacy policy in Europe following a giant fine by the Irish data protection watchdog earlier this year, according to reports.
Why it’s time for crypto to ditch its old marketing habits November 22, 2021 We need to question whether the marketing culture of cryptocurrency is fit for its wider global adoption, writes Kayleeann Maritz.
Political drama has served as a distraction from the crises facing British businesses November 22, 2021 This last two weeks in many ways saw high political drama. A governing party that tried to rig the system so one of its own could continue in a second job that is clearly against the rules. The revelation that a sitting Conservative MP received £133m for test kits which had to be recalled. And uproar across our northern regions when a long standing political promise to deliver rail was outright broken. [...]
Channel migrant crisis and Priti Patel’s Australian obsession November 22, 2021 Last week, Priti Patel blamed freedom of movement within the European Union for the number of migrants crossing illegally into the UK from France. She was also careful to keep the French in her bad books, saying they were simply too under resourced to deal with the problem. The number of migrants making the perilous [...]
